TPT July 2007

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50 July /August 2007
Tubotech 2007: there’s an
awful lot of tube in Brazil
O n a visit to London in May, the president of the Central Bank of Brazil,
Henrique Meirelles, sat for a searching interview with Veja , the leading
Brazilian news weekly. After drawing from the nation’s top banker a detailed
account of the fiscal status of the country after four years of his stewardship – a
period marked by a drop in inflation from 20 to 4 per cent a year – the interviewer
brought things to a close with this delightful exchange:
Veja: What are the pressures now?
Mr Meirelles: Pressures ensuing from an absurd, almost irrational delirium.
The thought of a delirious populace nearly
200 million strong, in the land of the samba,
is very bracing. But the statistics suggest
that optimism is amply justified. Because
Brazilians – who account for roughly half the
population of Latin America – are now living
(and buying, and investing) with much lower
interest rates. The assertion by the chief of
the state bank that the taming of inflation ‘is
great for the country’ is well founded.
Brazil produces more than $1 trillion in goods and services yearly, far outpacing
any other country in Latin America. The latest available official data show that the
Brazilian economy grew approximately 4.9 per cent in 2004 and 2.3 per cent in
2005. By the standards of the region this is more than creditable: it is enviable.
That growth was achieved together with booming exports, healthy external
accounts, decreasing unemployment, and reductions in the debt-to-GDP (gross
domestic product) ratio. The web portal GlobalEdge gives President Luiz Inácio
Lula da Silva and his economic team full marks for having implemented ‘prudent
fiscal and monetary policies and pursued necessary microeconomic reforms’.
This makes cheering news for those heading to Tubotech 2007, which will take
place from 2-4 October 2007 at the Rodovia dos Imigrantes Expo Centre in
São Paulo. Over 128 exhibitors have already been confirmed for the event, with
visitor numbers set to reflect the buoyancy of a growing economy and successful
industry.
“There’s an awful lot of coffee in Brazil,” Frank Sinatra informed the smaller
world of 1946. There still is – but the Brazil of 2007 offers much, much more.
And in Messe Düsseldorf, members of the tube and pipe industry and its related
specialities have a seasoned guide to those resources.
The Brazilian
economy grew...
4.9 per cent in 2004
and 2.3 per cent
in 2005. This is
more than
creditable:
it is enviable
❱
❱
DATE
Tuesday 02 October –
Thursday, 04 October, 2007
VENUE
Rodovia dos Imigrantes Expo Centre,
São Paulo, Brazil
SHOW HOURS
2pm-9pm
ORGANISER CONTACTS
Grupo Cipa
Phone: +55 11 5585 4355
Fax : +55 11 5585 4359
Email :
Website :
Messe Düsseldorf GmbH
Fax : +49 211 4560 8525
Email :
Website :
SPONSORS
ABITAM
Fax : +55 21 2533 1872
Email :
Website :
International Tube Association
Fax : +44 1926 314755
Email :
Website :
INTERNET RESOURCES
SHOW FACTS ❖ ❖
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